The news and images coming out of Queensland are terrible and everyone at AvSuper hopes the situation will soon start to improve for our members in such stricken areas.

For those members and aviation employers directly affected by the floods, we offer our sympathy and support.

If you are affected by the floods and believe AvSuper can help you, we will ensure your claim is prioritised and paid as promptly as possible. This includes income steam members requesting a lump sum payment and members who may be eligible for early release of super funds (please note the usual Government financial hardship rules currently still apply). You may also want to look to Centrelink for other financial assistance options.

As the floods are not directly affecting AvSuper, we will be available as usual throughout the flood crisis.

Michelle

Michelle Griffiths
CEO AvSuper

Happy New Year!

AvSuper is back at work building and protecting your super. Our resolution for 2011 is to continue to bring you information to help you understand your super and your financial decisions.

What is your new year super resolution?

Maybe you want to arrange regular personal contributions, learn about member investment choice or grow your super by a certain amount this year. Even small steps now can have a big impact on your final retirement savings, and our Member Advice Manager (Tim Ironside) may be able to help you implement your super resolutions.

For assistance with your AvSuper account or to make an appointment with Tim, please contact us.

Michelle

Michelle Griffiths
CEO, AvSuper

AvSuper has reduced hours over the Christmas/New Year holiday period, but Member Online is always available to members. We will also be checking for phone and email messages during office closures.

AvSuper closes at 5pm EDST 23 December 2010 and reopens 8.30am EDST 4 January 2011.

We wish to take this opportunity to wish you and your family a very Merry Christmas season and a safe, happy year in 2011.

The AvSuper Team 

The AvSuper Trustee Board consists of eight Directors, equally representing AvSuper members and employers.  On 15 October 2010 Mr Lawrie Cox was appointed as an member representative Trustee Director of AvSuper, nominated by the Australian Council of Trade Unions (ACTU).  Lawrie replaces Michael Fisher who resigned in July 2010.

Lawrie is currently the manager of industrial relations with the Australian Federation of Air Pilots (AFAP) and has 24 years of extensive experience and knowledge of the aviation industry. This will greatly benefit our members as Lawrie understands many of the key issues facing members and employers in the aviation industry. (more…)

AvSuper regularly reviews investment strategies and opportunities in specific asset classes.

The Trustee believes that exposure to carefully selected alternative assets strongly complements its current investments in other asset classes and provides effective diversification benefits. Our most recent review of this sector resulted in the appointment of two new hedge fund managers with effect from 1 November (more…)

AvSuper has appointed Balanced Equity Management (BEM) as one of our Australian equities managers, replacing Arnhem Investments.

AvSuper uses a range of professional investment managers who specialise in different investment areas to invest members’ money according to specific objectives and strategies (more…)

I am delighted to welcome Anne Johnson to the AvSuper team.

Anne is taking on a new role as Relationship Development Manager, focussing on our Public Offer and Income Stream members.
This role has been created in response to increasing requests from small employers who want a low cost, boutique super option and from members with high account balances wanting more personalised service.

(more…)

AvSuper’s profit-for-member approach means all investment decisions are made to benefit members over the long term and help you build your retirement savings in an effective and prudent manner. 

We use a range of investment managers to ensure members’ money is invested to meet specific objectives and strategies (including strategies to guard against excessive risk) set out by the AvSuper Trustee.

AvSuper regularly reviews investment strategies and our investment managers, and recent reviews have resulted in appointing two new fund managers (more…)

The AvSuper Trustee has decided to terminate its investment in ME Bank’s Super Loans Trust. After reviewing the performance of AvSuper’s fixed interest investment  managers, including the Super Loans Trust, the Trustee determined that it is no longer in members’ best interests to continue investing with ME Bank.

What does this mean for members?

If you have an existing ME Bank account or home loan, your accounts are not subject to change as a result of AvSuper’s decision. Members interested in ME banking products can continue to access these directly through ME Bank. If you have any queries in relation to your ME Bank accounts, please contact ME Bank on 13 15 63.

Please contact us if you have any questions about AvSuper’s investment management or your super savings.

Michelle

Michelle Griffiths
Chief Executive Officer

On 1 May 2010 Ms Glenys Roper was appointed as an employer representative Trustee Director of AvSuper. Glenys replaces Mr David Leggo, who retired on 30 April 2010 after nearly 20 years as a trustee director.

Glenys is an experienced non-executive director with an extensive knowledge of the superannuation regulatory framework and member administration.   (more…)